#25484169, Max Lee, Listing Office: Real Broker
$10,000
closing credit¹
543 N Hoover St Los Angeles, CA 90004
Property details
About 543 N Hoover St
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present 543-545 North Hoover Street, an eight-unit apartment community located just minutes from the vibrant Sunset Junction neighborhood. Nestled in one of Los Angeles' most walkable neighborhoods, this area has experienced a surge in popularity and rental demand, driven by an array of artisanal coffee shops, cafes, local retailers and bars. Constructed in 1958 and 1962, the property features both one and two-bedroom units, with eight on-site parking spaces. Currently, tenants are paying below-market rents compared to similar properties in the area. By renovating the units and aligning rents with market rates, a savvy investor could realize an impressive 72% rental upside, unlocking significant long-term appreciation potential. 543-545 North Hoover Street offers substantial potential rental upside and appreciation in a thriving neighborhood.
Highlights
Summary
- MLS Number: 24460735
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Sean Rosenzweig
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,695,000
543 N Hoover St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $181,166 | $3,381 |
2023 | $177,614 | $3,338 |
2022 | $174,132 | $3,228 |
2021 | $170,718 | $3,169 |
2020 | $168,969 | $3,103 |
2019 | $165,657 | $2,942 |
2018 | $162,410 | $2,850 |
2017 | $159,227 | $2,850 |
History based on county public records data.
Nearby schools
7
Dayton Heights Elementary School
Public District KG-5
0.2 mi
•607 N Westmoreland Ave
6
Dr. Sammy Lee Medical and Health Science Magnet
Public Magnet KG-5
0.5 mi
•3600 Council St
4
Lockwood Avenue Elementary
Public District KG-6
0.6 mi
•4345 Lockwood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,259. Residents of Los Angeles, CA typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 543 N Hoover St
This home is located at 543 N Hoover St in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 4,736 square foot home, which was built in 1958, sits on a 0.17 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 6, 2024 and is currently priced at $1,695,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.